Suppose a 30-year maturity bond currently selling for $1,040 is callable in 10 years at a call price of $1,060.If its yield to maturity is 8.14%, its yield to call is:
A)Less than 8.14%
B)8.14%
C)More than 8.14%
D)Cannot tell based on the information provided Using the BAII Plus calculator:

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The Answer of Suppose a 30-year maturity bond currently selling for $1,040 is callable in 10 years at a call price of $1,060.If its yield to maturity is 8.14%, its yield to call is:
A)Less than 8.14%
B)8.14%
C)More than 8.14%
D)Cannot tell based on the information provided Using the BAII Plus calculator:

Suppose a 30-Year Maturity Bond Currently Selling for $1,040 Is